South American Adventures

Taking flying leaps into the unknown

JWEF, Brazil and Clients!

Leave a comment

Lots of positive things happened in the last 5 days. Firstly we (Planet Expats and Fundacity ) held the first Junior World Entrepreneurship in Chile. It was great. Workshops, panels, speeches by leaders in the Chilean entrepreneurship ecosystem.

As part of the event we also organized a startup pitch contest for 15 teams from 6 universities. The panel, made up of investors, used Fundacity to evaluate the projects in the cloud real time! We invited some experienced investors as judges.  However there was no internet! So the Fundacity team sat right behind the judges sharing internet using their phones. Look at the photo…their faces reveal the nervousness :D.


Judges left to right: Paul O’Tool (UDD Ventures), Sebastian Vidal and Horacio Melo (Startup Chile), Diego Torres Aguirre (Emprende FCH) and Eduardo Amadeo (Nazca Ventures)…with nervous Fundacity team right behind them hoping Fundacity won’t crash

Anyway it was great marketing for us that also won us Startup Chile as a client!

As I haven’t seen Gabi for 3 months I wasted no time. Straight from the 2 day event to the airport, sharing a cab with Eduardo Amadeo Nazca Ventures partner who was a judge at the event. My flight. Horrible. Santiago 10pm to Sao Palo Guarulhos 2am. Then commute to Sao Paolo Campinhas airport at 3am and wait for airport to open. Followed by 2 hour flight to Port Alegre where I landed at 9am to encounter Gabi and enjoy our Sunday! Landed rather exhausted.

After a bit of rest and food we went to the park in the center. As you would expect in Brazil we encountered a Samba party in a clearing in the park. These Brazilians….no fun at all 😀

Yesterday we reached an agreement to supply Claro and Startup Chile with the Fundacity DealFlow. Startup Chile is interested in Fundacity because it gives them the ability to do evaluation real time at their demo days and Claro is drawn by how Fundacity is one tool that replaces the need for email, excel and notepads in their mentoring/incubation process. Both love the design of Fundacity and how it is customizable to their unique deal flow process. These clients are really important for us as in Chile and in the region they are very well known.

In my opinion, to go global you need to have support from your hometown and we are on the right track. I hope we continue to impress and deliver value…if that happens the rest will take care of itself.


Author: Miklos Grof

Miklos is the CEO and co-founder of Fundacity. Fundacity is making startups investing easier. Fundacity already supports all the notable accelerators in LatAm in their startup selection and management and they are expanding rapidly across Asia-Pacific and Europe. With the recently launched Fundacity Investments Clubs it seeks to simplify the startup investing process in emerging markets and make it accessible to more people. Miklos has unique and extensive experience in start-up formation, business development and venture financing. He has raised and evaluated investment offers in venture capital from angels and VCs from three continents for a variety of deals. He thrives at launching businesses and making sales in new geographies. Miklos currently serves as a financial advisor and mentor for various start-ups including Taggify (an online contextual advertising company based in New York and Buenos Aires). At Taggify, Miklos advises on fundraising, financial reporting to the board of investors, tax filling and cash flow management. Miklos completed his MsC in Finance at the London School of Economics and previously worked in corporate finance at PricewaterhouseCoopers in London, fund sales at UniCredit Vienna and economic research at Erste Bank Budapest. He is a Chartered Accountant with the ICAEW, Institute of Chartered Accountant England and Whales and is quinti-lingual. He is passionate about startups and entrepreneurship and spends his free time engaging with the startup community.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s